Blockchain Stats
Genesis Block: 26 September 2018
Block
Height
359,355
Circulating
Supply
591,707,819
Total
Addresses
953,475
Total
Transactions
9,574,095
Total
Burnt
1,407,407,015
Blockchain Cloud Storage
SINOVATE (SIN) is an open-source state of the art community-driven digital cryptocurrency.
We build innovative blockchain solutions for individuals, developers, and enterprises.
Incorruptible Data Storage (I.D.S) provides decentralized cloud storage, leveraging thousands of Infinity Nodes, with guaranteed low cost and high security.
Features
SINOVATE name represents the core belief of the global community to innovate the way all blockchains function.
Here are the six key features that make SINOVATE stand out from the crowd:
Decentralization
Continuously more than 1250 nodes connected to the SINOVATE blockchain
toward comprehensive decentralization.
Governance
Revolving Sovereignty Votes (R.S.V.) enhanced e-governance designed to put power in the hands of users with yearly revolving votes.
Stability
Proof-of-Burn (P.O.B.) and Deterministic Infinity Nodes ensure unique one of a kind network stability and fair rewards.
Security
LWMA difficulty retargeting algorithm, Reorg fork reject solution merged with P.O.B., establishes a 51% attack protection.
Speed and Scalability
533 transactions per second scalability and 2 seconds transaction speed of FlashSend secure accelerant usage in today’s world.
Transparency and Support
Unprecedented full-time active community support and openness throughout all channels of SINOVATE.
Innovations
Infinity Nodes
Designed to overcome the hyperinflation that many cryptocurrency projects face. Infinity nodes burn the collateral for complete security and
stability.
Incorruptible Data Storage
– Decentralized Cloud 3.0
– DataSend and DataStore
– Blockchain-mail and Proof-of-Integrity
– Unlimited private networking of big data storage
Revolving Sovereignty Votes (R.S.V.)
Revolving Sovereignty Votes (R.S.V.) enhanced e-governance designed to put power in the hands of users with yearly revolving votes.
InfiniteChain
Multiple side blockchains that communicate among the main SINOVATE blockchain. Creation and reversion of assets for endless possibilities.
X25X Algorithm
– Leading-edge and in-house built
– Custom GPU mining algorithm
– More complex
– Less power-hungry
FlashSend
533 transactions per second scalability and 2 seconds transaction speed of FlashSend secure accelerant usage in today’s world.
Specifications
SINOVATE’s X25X proof-of-work (PoW) algorithm is GPU mineable and ensures temporary(until optimized) ASIC, FPGA, and QUANTUM resistance, solidifying the decentralized consensus mechanism in the process.
Name: SINOVATE
Ticker: SIN
Algorithm: X25X
Block Rewards: PoW-25 SIN & Infinity Nodes-2750 SIN
Block Time: 2 minutes (FlashSend-2 seconds)
Current Blockchain Size: 1.5 gb
Difficulty Retargeting Algo: LWMA
51% Attack Solution: LWMA & Reorg 55 (fork rejection)
Infinity Nodes Collateral: 100K-500K-1000K (three-tiers)
Max Block Size: 16 mb
Max Supply: Always less than 800 million infinitely
Pre-Mine: No
P2P Port: 20970
RPC Port: 20971
Transactions per second: Up to 533 tx/s
Treasury: 10%
Partners & Affiliates
Strategic Partner
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